
Bank stability risk is higher than EBA’s stress tests suggest
The tests say little about the increased or decreased risks to bank stability, but Euromoney’s country risk survey can help fill in the gaps.
30 Nov 2018
The tests say little about the increased or decreased risks to bank stability, but Euromoney’s country risk survey can help fill in the gaps.
A reform-minded government and resilient economy have instilled confidence in Chile’s prospects among analysts, despite the risks.
With analysts rating Peru a similar risk to China and Malaysia, Euromoney’s survey indicates that Fitch and Standard & Poor’s should upgrade in line with Moody’s.
The country is powering ahead as it seeks to tap $20 billion in foreign-currency borrowings through to 2022, starting with Pandas and Samurais, and a $5 billion Eurobond.
The region contains countries with current-account surpluses that will benefit from trade relocation from China.